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ResMed RMD Cash ratio

Cash ratio at other companies

Eli Lilly logo
Eli LillyLLY
0.1×0.0×
Solventum logo
SolventumSOLV
0.2×0.0×
Stryker logo
StrykerSYK
0.5×+0.2×
Baxter International logo
Baxter InternationalBAX
0.5×-0.1×
Insmed logo
InsmedINSM
1.6×-0.1×
Boston Scientific logo
Boston ScientificBSX
0.2×+0.1×

Other financials

Income statement

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Revenue$1.4B+10.8%
Gross profit$891.0M+16.3%
Operating income$499.8M+17.3%
Net income$398.7M+9.2%
EPS (diluted)$2.74+10.5%

Balance sheet

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Cash & equivalents$1.7B+78.0%
Total debt$1.1B+29.8%
Total equity$6.5B+17.1%
Total assets$8.8B+16.1%

Cash flow

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Operating cash flow$554.1M-4.2%
CapEx$33.7M+61.8%
Free cash flow$520.5M-6.7%

Valuation

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Market cap$27.36B-0.5%
Enterprise value$26.8B-2.0%
P/E18×-2.9×
P/S4.9×-0.5×

Profitability

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Gross margin61.6%+2.8pp
Operating margin34.2%+2.1pp
Net margin27.4%+1.3pp
FCF margin31.7%+0.4pp

Returns & leverage

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Return on equity25.2%-0.6pp
Debt / equity0.2×0.0×
Current ratio-0.4×

Where this comes from

Calculated from ResMed’s reported figures.

Based on the most recent quarter.

The official record: ResMed’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ResMed's cash ratio?
ResMed (RMD) reported cash ratio of 1.2× in Q1 2026.
How has ResMed's cash ratio changed year-over-year?
ResMed's cash ratio increased by 23.9% year-over-year, from 1× to 1.2×.
What is the long-term trend for ResMed's cash ratio?
Over 4 years (2021 to 2025), ResMed's cash ratio has grown at a 38.4% compound annual growth rate (CAGR), from 0.3× to 1.2×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.